Nepalese Prime Minister Sher Bahadur Deuba’s attempt to ratify an American infrastructure grant has laid bare yet another friction point between the U.S. and China, while threatening to unravel …
Economy
Philippines optimistic of tourism revival as overseas travelers trickle back
Philippine officials on Monday said the country has welcomed nearly 22,000 international travelers since reopening, with hopes this trend will accelerate the revival of a tourism industry decimated by…
Philippines to allow 100% foreign ownership in further infrastructure sectors
The Congress of the Philippines has ratified a bill to amend the Public Service Act (PSA) to allow up to 100% foreign ownership in the telecommunications, airlines and railways sectors. Under the revi…
Malaysia economy likely returned to growth in Q4, Omicron a threat
Malaysia’s economy likely bounced back to growth in the final quarter of 2021, propelled by strong exports and private investments, but the fast-spreading Omicron coronavirus variant poses a thr…
Will Crypto Expansion Continue In Emerging Markets This Year?
Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped to continue into 2022, a range of countries will see their crypto…
Asean Today – Jan 2022
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Why there’s no need to fear a bear market
Stocks tumbled sharply in January and the market has remained choppy in February. There are worries globally about earnings, inflation, interest rates and Omicron. But some market experts think invest…
How Bangladesh can avoid getting stuck in middle-income trap
The International Monetary Fund claims that the economy of Bangladesh is now one of the fastest-growing major economies (sixth) in the world and the first in South Asia, securing on an average 6.5% GD…
‘Gold rush’: ASEAN startup fundraising more than doubled in 2021
Southeast Asian startups raised a record $25.7 billion in funding last year, more than double the previous year as cash-rich global investors seek to tap the region’s potential amid digitalizati…
Investors find refuge from market turmoil in South-east Asia
GLOBAL risk assets may be tumbling after the Federal Reserve’s hawkish pivot, but the modest reaction in South-east Asian markets points to a pocket of resilience that offers opportunities to in…